Andrew Penn
On May 21, 2026, the Board of Directors (“the Board”) of SharonAI Holdings Inc. (the “Company”), appointed Mr. Andrew Penn to serve as a member of, and as the Chair of, the Board
Highest-materiality recent filing
SharonAI closes $350M 6% convertible notes due 2031; Oaktree leads; proceeds fund GPU procurement
Issued $350M aggregate principal of 6.00% Convertible Senior Notes due May 1, 2031; conversion price ~$48.24/share (20% premium over Nasdaq min).
SharonAI signs $950M five-year cloud infrastructure deal with global tech firm
Agreement valued at ~US$950M over five years with a global technology company with Asia-Pacific presence.
SharonAI issues $350M 6% Convertible Senior Notes due 2031 for GPU procurement
Issued $350M of 6.00% Convertible Senior Notes due 2031, convertible at ~$48.24 per share (20% premium to Nasdaq minimum price).
SharonAI plans dual listing on ASX via CDI offering; convertible notes to convert
Board approved dual listing of SHAZ shares on ASX as CHESS Depositary Interests (CDIs).
SharonAI corrects 10-K: NVIDIA was not a strategic shareholder and holds no equity
Statement in 2025 10-K filed Mar 31, 2026 that 'NVIDIA is a strategic shareholder' was included in error.
Total proceeds from sale of 50% TCDC interest to NUAI now $74M, $4M above original $70M.
SharonAI reports CY25 results; secures up to $500M debt, expands capacity to 70MW
Raised $125M via Nasdaq IPO in Feb 2026; $100M convertible note in Dec 2025.
SharonAI signs $1.25B, 5-year AI cloud contract with ESDS Software Solutions
Deploys ~8,200 NVIDIA B300 GPUs and 17.8 PB VAST storage in Australian data center.
Sharon AI, Cisco & NVIDIA launch Australia's first Secure AI Factory with 1024 Blackwell GPUs
Cisco Secure AI Factory powered by 1024 NVIDIA Blackwell Ultra GPUs, Cisco UCS servers and Nexus Hyperfabric.
Sharon AI prices IPO at $30/sh, raises $125M gross; begins trading on Nasdaq under SHAZ
Priced 4,166,666 shares at $30.00 each for $125M gross; net proceeds ~$118.9M.
SharonAI CEO Schubert resigns; Chairman Manning appointed CEO effective Jan 23
Wolfgang Schubert resigns as CEO/board member; receives 318,240 RSUs and $50,000 one-time RSU grant.
SharonAI sells 50% stake in Texas Critical Data Centers to NUAI for $70M
Total consideration $70M: $10M cash, $10M NUAI stock, $50M senior secured convertible note at 10% interest.
Debt facility of up to US$500 million approved by USD.AI for SharonAI, an Australian AI infrastructure provider.
SharonAI to sell 50% interest in Texas Critical Data Centers for $70M
Total consideration: $70M comprising $10M cash, $10M NUAI common stock, and $50M senior secured convertible note.
$100M convertible note raise (up to $200M oversubscription) closed Dec 19, 2025; Canaccord Genuity Australia lead manager.
SharonAI Holdings completes SPAC merger; 576M shares outstanding, $2.25M notes issued
Business combination closed Dec 16-17, 2025: Roth CH merged into Pubco, SharonAI became wholly-owned subsidiary.
On May 21, 2026, the Board of Directors (“the Board”) of SharonAI Holdings Inc. (the “Company”), appointed Mr. Andrew Penn to serve as a member of, and as the Chair of, the Board
Max materiality 0.90 · Median 0.70 · Most common event other_material